Do the math: The true cost of cloud computing

November 4, 2014 Off By David
Object Storage

Grazed from InfoWorld. Author: David Linthicum.

Total cost of ownership, aka TCO, has become the data point we want to understand most as cloud computing moves into our enterprises. Better put: We endeavor to pinpoint the costs of using public and private clouds in the enterprise over the next three to five years and the value (if any) it will return.

This may seem like an easy number to calculate, but in reality the cost models are complex and ever changing. Here’s why:…

Most enterprises use more than one public cloud (multicloud), and the workloads running on each cloud change randomly. TCO planning requires working with specific workload profiles and making assumptions about which workloads will run where, but both factors will be more dynamic than originally thought…

Read more from the source @ http://www.infoworld.com/article/2841806/cloud-computing/true-cost-cloud-computing.html